Summary - Flat 2, 7, Stone Street BD1 4QL
1 bed 1 bath Flat
Ground-floor one-bed offering immediate rental income in a central, well-connected location.
Long-term tenant in situ — immediate rental income potential
Ground-floor one-bedroom flat, 367 sq ft, open-plan living/kitchen
Sold at auction; 4.5% reservation fee, 56-day completion timetable
Leasehold: 107 years remaining; ground rent £500 per year
Electric room heaters; no gas central heating installed
Very slow broadband speeds may affect tenants or home working
Located in deprived, high-crime inner-city area — factor into pricing
Chain free sale but sold with tenant; internal viewing may be limited
This ground-floor one-bedroom apartment in Bradford city centre is offered with a long-term tenant in situ, presenting an immediate income stream for an investor. The 367 sq ft layout includes an open-plan living/kitchen, a double bedroom and a bathroom, all within a modern, five-storey block and secure intercom entry.
The property will be sold at auction under the Modern Method of Auction. Buyers should note the non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and the 56-day completion timetable built into the process. The lease has 107 years remaining and the ground rent is £500 per year.
Practical considerations include electric room heaters and individual electricity supply, very slow broadband speeds, and a neighbourhood classified as inner-city and multicultural with high local crime rates and notable area deprivation. Council tax is very low, and commuting access to the M62 and local transport links is excellent, with shops, leisure and transport close by.
Overall this is a compact, let city-centre flat suited to yield-focused buyers who accept auction purchase mechanics and who are comfortable buying into a higher-crime, lower-income area. The long-standing tenant and chain-free sale offer convenience, but purchasers should budget for limited heating, possible modernisation and verify rental and management arrangements before bidding.
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